Affordability Requirements definition

Affordability Requirements with respect to each Phase, means the requirements set forth in Section 3, below.
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Affordability Requirements means the Affordability Ceiling and the Capital Cost Ceiling. “Assumed Financial Close Date” means November 1, 2018.
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Affordability Requirements means the terms and requirements set forth in Section 8 of this Agreement and the Declaration of Affordability Requirements approved by Xxxxxx and recorded in the land records of Cleveland County, Oklahoma as a requirement to receive funds under this Agreement.
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Examples of Affordability Requirements in a sentence

  • For more information, see IHCDA Program Manual, Lien and Restrictive Covenants & Affordability Requirements Chapter 15.

  • Eligibility and Affordability Requirements B1HOME Investment Partnerships Program B1Sales Tax Capital Funds B2B.

  • A key objective of the Competitive Selection Process is to achieve the Project scope while meeting the Project’s Affordability Requirements.

  • Purchaser agrees the rent of "in-place” tenants at the conclusion of the Term will continue to be governed by the applicable Affordability Requirements, so long as those tenants continue to live in the unit.

  • The Affordability Requirements shall be revived after foreclosure by a lender with a secured interest in the Property, or after transfer of a deed in lieu of foreclosure to said lender, according to the terms set out herein if, during the original term of this Agreement, Purchaser or a related party or affiliate of Purchaser regains an ownership interest in the Property.


More Definitions of Affordability Requirements

Affordability Requirements means the Affordability Ceiling and the Capital Cost Ceiling. “Assumed Financial Close Date” means the date set out in Section 4.3.1 of Table 6 of Appendix B. “Authority” means the Vancouver Island Health Authority.
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Affordability Requirements means the Affordability Ceiling and the Capital Cost Ceiling.
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Affordability Requirements means the mandatory Affordability Ceiling and the mandatory Capital Cost Ceiling.
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Affordability Requirements means the following affordability requirements for the Project during the Tax Abatement Period: all of the residential units will be affordable to households at 60% to 80% of AMI, with the studio units projected to be affordable at 67% AMI and the 1-bedroom and 2- bedroom units projected to be affordable at 77% AMI.
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Affordability Requirements means the affordability requirements contained in Sections 3.02 and 3.03 hereof.
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Affordability Requirements means the Affordability Ceiling and the Capital Cost Ceiling. “Authority” means the Vancouver Island Health Authority.
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Affordability Requirements means the housing assisted with funds from this Loan Agreement must meet the Affordability Requirements found in Article IX, Section 9.1.1 and 9.1.2 of this Agreement and must adhere to terms of the Declaration of Affordability Requirements approved by Lender and filed by Borrower as a requirement to receive funds under this Agreement.
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